JBGS vs BPYPP vs HIW Stock Comparison

JBG SMITH Properties, Brookfield Property Partners and Highwoods Properties Prices as of Oct 27, 2026 Peers: Industry group
JBGS JBG SMITH Properties
$11.54 +9.6% 1M -46.5% 1Y
Market cap
$677.26M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
0.06%
Office REITs Real Estate

Head to Head

11 decided of 12

Brookfield Property Partners leads on 6 of the 12 questions below (Brookfield Property Partners 6, Highwoods Properties 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJBGSBPYPPHIWLeader
Larger companyMarket capitalisation $677.26M $14.39B $3.21B BPYPP
Cheaper on earningsLower P/E, profitable companies only -4.4x -56.4x 17.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.2x 26.2x BPYPP
Faster revenue growthRevenue growth, trailing twelve months -1.1% -9.5% +5.4% HIW
More profitableNet margin, trailing twelve months -30.3% -3.6% 21.7% HIW
Better return on capitalReturn on invested capital -1.3% 0.0% — BPYPP
Less leveragedLower net debt / EBITDA 16.9x 6.9x — BPYPP
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.07% HIW
Better 1-year returnPrice return, last 12 months -46.5% -1.7% +0.9% HIW
Better 5-year returnAnnualised price return, 5 years -17.0%/yr -10.2%/yr -8.1%/yr HIW
Less volatileAnnualised volatility, 1 year 34.7% 21.1% 29.3% BPYPP
Higher overall scoreMean of the five percentile scores vs peers 25/100 52/100 49/100 BPYPP

Percentile Scorecard

JBGSBPYPPHIW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJBGSBPYPPHIW
Valuation 34 #96 of 145 92 #13 of 145 55 #66 of 145
Growth 11 #125 of 141 66 #48 of 141 36 #90 of 141
Profitability 4 #129 of 134 19 #109 of 134 63 #50 of 134
Financial Health 11 #123 of 138 52 #67 of 138 31 #96 of 138
Shareholder Returns 65 #46 of 131 30 #92 of 131 58 #56 of 131
Overall 25 52 49
  • JBGS ranked among 149 companies in Property REITs
  • BPYPP ranked among 149 companies in Property REITs
  • HIW ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJBGSBPYPPHIWSPY
1 month +9.6%-0.7%-0.9% -0.2%
3 months -19.8%-5.4%-11.3% +3.9%
6 months -26.0%-7.9%+19.7% +8.2%
Year to date -32.2%+2.4%+15.5% +12.9%
1 year -46.5%-1.7%+0.9% +12.3%
3 years -10.1%+30.0%+67.6% +87.4%
3 years, per year -3.5%+9.1%+18.8% +23.3%
5 years -60.6%-41.7%-34.3% +67.9%
5 years, per year -17.0%-10.2%-8.1% +10.9%
10 years ——-39.0% +261.1%
10 years, per year ——-4.8% +13.7%

Risk

MeasureJBGSBPYPPHIWSPY
Volatility, 1Y 34.7%21.1%29.3% 12.7%
Downside volatility, 1Y 40.1%19.9%32.0% 12.7%
Beta vs S&P 500, 1Y 0.170.400.55 1.00
Return / volatility, 1Y -1.34-0.080.03 0.97
Max drawdown, 5Y -67.3%-56.4%-62.9% -25.4%
From 52-week high -46.5%-10.5%-13.3% -1.2%
52-week high $21.55$16.70$34.39 $779.14
52-week low $10.05$14.38$20.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJBGSBPYPPHIW
P/E now vs peer median -4.4xmedian 26.3x -56.2xmedian 26.3x 17.8xmedian 26.3x
P/S now vs peer median 1.7xmedian 4.0x 2.0xmedian 4.0x 3.9xmedian 4.0x
EV/EBITDA now vs peer median 22.8xmedian 14.4x 10.5xmedian 14.4x —median 14.4x
P/FCF now vs peer median -13.0xmedian 23.3x —median 23.3x -9.0xmedian 23.3x
P/B now vs peer median 0.8xmedian 1.3x 0.3xmedian 1.3x 1.3xmedian 1.3x
PEG now vs peer median 0.04median 1.91 -1.36median 1.91 1.89median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJBGSBPYPPHIW
Revenue $508.41M $7.17B $851.95M
Net income -$186.68M -$113.00M $193.92M
Free cash flow -$66.16M – -$366.24M
EPS (diluted) $-2.64 $-0.27 $1.65
Cash & equivalents $74.80M $1.49B $279.21M
Total debt $10.02B $28.73B $3.51B
Shares (diluted) 58.28M 960.29M 112.32M
Enterprise value $382.97M $7.06B $2.72B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJBGSBPYPPHIW
P/E -4.4x -56.2x 17.8x
P/FCF -13.0x – -9.0x
P/Operating cash flow 14.2x – 8.7x
P/S 1.7x 2.0x 3.9x
P/B 0.8x 0.3x 1.3x
P/Tangible book 0.8x 0.3x 1.4x
EV/EBITDA 22.8x 10.5x –
EV/EBIT -70.0x 11.5x –
EV/Revenue 6.5x 5.8x 7.7x
EV/FCF -50.1x – -17.8x
EV/Operating cash flow 54.6x – 17.2x
PEG (3Y EPS CAGR) 0.04 -1.36 1.89

Growth

14 metrics
MetricJBGSBPYPPHIW
Revenue growth (1Y) -1.1% -9.5% 5.4%
Revenue CAGR (3Y) -5.6% -4.1% 0.5%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) -4.3% 83.2% 49.5%
Net income CAGR (3Y) -83.2% 62.1% 11.2%
EPS growth (1Y) -17.4% 63.1% 46.0%
EPS CAGR (3Y) -113.4% 41.4% 9.4%
Operating cash flow growth (1Y) -39.5% – 4.5%
Operating cash flow CAGR (3Y) -27.6% – -0.6%
Free cash flow growth (1Y) 42.6% – -176.2%
Free cash flow CAGR (3Y) 40.8% – -66.8%

Profitability

14 metrics
MetricJBGSBPYPPHIW
Gross margin – – –
EBITDA margin 28.6% 55.0% –
Operating margin – – –
Pretax margin -37.4% 2.7% –
Net margin -30.3% -3.6% 21.7%
FCF margin -13.0% – -43.0%
Operating cash flow margin 11.9% – 44.5%
Return on equity -16.8% -0.3% 7.5%
Return on assets -4.3% -0.1% 3.0%
Return on invested capital -1.3% 0.0% –
Return on capital employed – 4.1% –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -0.3x – 2.0x
Stock comp / revenue 5.3% – 1.1%

Financial Health

11 metrics
MetricJBGSBPYPPHIW
Debt / assets 59.4% 28.1% 54.5%
Debt / equity 2.3x 0.7x 1.4x
Net debt / EBITDA 16.9x 6.9x –
Debt / FCF -38.2x – -9.6x
Liabilities / assets 74.7% 58.3% 60.2%
Equity / assets 25.3% 41.7% 39.8%
Interest coverage -0.3x 1.1x –
Current ratio – 0.3x –
Quick ratio – 0.3x –
Cash ratio – 0.1x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricJBGSBPYPPHIW
Dividend yield 6.0% 10.9% 6.7%
Net buyback yield 11.4% -10.3% -0.4%
Shareholder yield 17.4% 0.7% 6.3%
Payout ratio (earnings) -22.4% – 113.6%
Payout ratio (FCF) -63.3% – -60.1%
Dividend growth (1Y) -26.6% – 2.3%
Dividend CAGR (3Y) -25.4% – 1.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJBGSBPYPPHIW
Forward P/E – 11.2xFY2023 26.2xFY2026
EPS, next fiscal year $-2.03FY2026 $1.34FY2023 $1.14FY2026
EPS growth, next FY – – -21.4%FY2026
EPS growth, the year after – – -36.0%
Revenue, next fiscal year $453.74MFY2026 $7.07BFY2023 $908.60MFY2026
Revenue growth, next FY -9.0%FY2026 – +12.7%FY2026
Revenue growth, the year after +11.5% – -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJBGSBPYPPHIW
Held by institutions 97.6% – 100.0%
Institutions holding 206 – 371
Change in shares held, QoQ +2.8% – +10.9%
Institutions buying 86 – 214
Institutions selling 72 – 102
Buyers to sellers 1.19 – 2.10

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JBGSBPYPPHIW
JBGS 1.00 0.01 0.46
BPYPP 0.01 1.00 0.17
HIW 0.46 0.17 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JBGS, BPYPP and HIW?

Brookfield Property Partners (BPYPP) is the largest by market capitalisation: JBG SMITH Properties (JBGS) $677.26M, Brookfield Property Partners (BPYPP) $14.39B, Highwoods Properties (HIW) $3.21B.

Which company is growing faster?

Highwoods Properties (HIW) grew revenue fastest over the trailing twelve months: JBG SMITH Properties (JBGS) -1.1%, Brookfield Property Partners (BPYPP) -9.5%, Highwoods Properties (HIW) +5.4%.

Which company is more profitable?

Highwoods Properties (HIW) has the highest net margin (JBG SMITH Properties (JBGS) -30.3%, Brookfield Property Partners (BPYPP) -3.6%, Highwoods Properties (HIW) 21.7%). On return on invested capital, Brookfield Property Partners (BPYPP) leads (JBG SMITH Properties (JBGS) -1.3%, Brookfield Property Partners (BPYPP) 0.0%).

Which stock has performed better?

Over the past year Highwoods Properties (HIW) returned the most: JBG SMITH Properties (JBGS) -46.5%, Brookfield Property Partners (BPYPP) -1.7%, Highwoods Properties (HIW) +0.9%. Over five years, Highwoods Properties (HIW) compounded fastest (JBG SMITH Properties (JBGS) -17.0%/yr, Brookfield Property Partners (BPYPP) -10.2%/yr, Highwoods Properties (HIW) -8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Highwoods Properties (HIW) has the highest dividend yield: JBG SMITH Properties (JBGS) 0.06%, Brookfield Property Partners (BPYPP) 0.00%, Highwoods Properties (HIW) 0.07%. Brookfield Property Partners (BPYPP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Brookfield Property Partners (BPYPP) has been the steadiest (JBG SMITH Properties (JBGS) 34.7%, Brookfield Property Partners (BPYPP) 21.1%, Highwoods Properties (HIW) 29.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JBGS, BPYPP and HIW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brookfield Property Partners (BPYPP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.